>> it's stockton, the city of stockton wins, if they're able to lower the debt obligation for bondholders. stuart: they want to go into bankruptcy. sandra: they want to restructure the debt. stuart: and give them a haircut. sandra: this would be ground breaking for other cities, san beni benito-- san bernardino. stuart: if they take a haircut, why would anybody in their right mind lend money again to a shaky american city. sandra: exactly, that's the ripple effect i'm talking about and thises a-- >> and stockton built a news waterfront, a baseball stadium. i think that detroit is going to be a little more interesting, in the sense it's not a bankruptcy, but, you know, the race issue comes in and large american cities. you've had al sharpton's group go to kevyn orr's office and they don't want to go to the puppet, they want to go to the puppet master. and jesse jackson's group having a protest and they're saying that the bondholders ironically are going to benefit from the shake-up at the expense of people who live in detroit and that's one to watch the fireworks and in both cases a cautio